MGL to invest in LFP project to expand cathode portfolio

Tianjin Guoan Mengguli New Materials Science & Technology Co.Asian Metal Copyright Equipment commissioning for Phase I is expected to be completed by March 31, 2027.Asian Metal Copyright, Ltd.Asian Metal Copyright83 million allocated to each phase.Asian Metal Copyright (MGL) plans to sign an investment agreement with the Administrative Committee of Dazhou High-Tech Industrial Park in Sichuan and invest RMB500 million (USD73.Asian Metal Copyright The LFP project will be developed in two phases.Asian Metal Copyright19 million) to establish a wholly-owned subsidiary, Sichuan Mengguli New Materials Technology Co.Asian Metal Copyright The supporting iron phosphate project will also be implemented in two phases, each adding 100,000tpa of capacity.Asian Metal Copyright, Ltd.Asian Metal Copyright The new entity will develop an integrated lithium iron phosphate LFP project for fourth-generation and higher products, further strengthening the MGL's product portfolio and enabling full coverage of mainstream cathode materials.Asian Metal Copyright The new entity will develop an integrated lithium iron phosphate (LFP) project for fourth-generation and higher products, further strengthening the MGL's product portfolio and enabling full coverage of mainstream cathode materials.

The project comprises two segments, LFP and iron phosphate. The LFP project will be developed in two phases.Asian Metal Copyright, Ltd.Asian Metal Copyright Phase I will build a 50,000tpa LFP production line, followed by Phase II with an additional capacity of 100,000tpa.Asian Metal Copyright Phase I will build a 50,000tpa LFP production line, followed by Phase II with an additional capacity of 100,000tpa.Asian Metal Copyright Total investment is estimated at RMB1.Asian Metal Copyright Total investment is projected at RMB 1.Asian Metal Copyright8 billion (USD264 million), with Phase I and Phase II accounting for approximately RMB700 million (USD103 million) and RMB 1.Asian Metal Copyright Total investment is estimated at RMB1.Asian Metal Copyright1 billion (USD161 million), respectively.Asian Metal Copyright8 billion USD264 million, with Phase I and Phase II accounting for approximately RMB700 million USD103 million and RMB 1.Asian Metal Copyright Equipment commissioning for Phase I is expected to be completed by March 31, 2027.

The supporting iron phosphate project will also be implemented in two phases, each adding 100,000tpa of capacity. Total investment is projected at RMB 1.Asian Metal Copyright The supporting iron phosphate project will also be implemented in two phases, each adding 100,000tpa of capacity.Asian Metal Copyright2 billion (USD176 million), with roughly RMB600 million (USD87.Asian Metal Copyright The new entity will develop an integrated lithium iron phosphate LFP project for fourth-generation and higher products, further strengthening the MGL's product portfolio and enabling full coverage of mainstream cathode materials.Asian Metal Copyright83 million) allocated to each phase.

.Asian Metal Copyright2 billion USD176 million, with roughly RMB600 million USD87Asian Metal Copyright